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One thing I really hate to see somebody say trade my way are your trading
wrong. BS is what I say to this post Mark. Ever wonder what people did
before they had a computer? I trade use no system make money and have
little to no stress go figure.
Robert
Mark Brown wrote:
>>In my humble experience, the STRESS comes from the market moving in the
>>opposite direction to the system's predictions. And then BELIEVING that
>>the market will turn in the right direction and thus holding too long.
>
>wrong, wrong, you have the stress because you do not understand what it
>takes to create a stress free system.. you have to have a system that will
>take care of itself when its predictions are wrong. you have all the traits
>of wanting to control things yourself, facts are that you cannot control the
>markets or trade them if you do not have a plan thought out in advance of
>what you are going to do when your best plans fail. if you can think it, it
>can be programmed mechanically. then and only then can you see how correct
>you are in your judgment of the markets and how to trade them.
>
>>It takes a MECHANICAL belief in the system's predictions --- and I'm
>>not one who enjoys that type of trading.
>
>you need to learn to enjoy that type of trading because if you do not, you
>are the type that is driven by thrill like a gambler. the thrill of doing
>something that is left up to luck and not good decisions based on sound
>theory.
>
>>So, I'm starting to redevelop
>>my system to run every minute instead of every 15 minutes --- and then
>>to more carefully analyze the lead times of the indicators.
>
>this is wrong, smaller time frames cause more people to loose money than
>anything, only control freaks like small time frames, and very few control
>freaks make any money. its obvious that Greg Wood did this but it took him
>about 250 trades to just get back to a break even according to his equity
>curve. and if you look he really didn't start making big money until about
>600-700 trades. the facts are his broker has made more money that he has
>for the amount of stress. I want to be Greg's broker, I wouldn't need to
>trade..
>
>didn't read any further mark
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